Global Retirement Partners LLC Acquires 495 Shares of Qualys, Inc. (NASDAQ:QLYS)

Global Retirement Partners LLC lifted its holdings in Qualys, Inc. (NASDAQ:QLYS) by 32.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,024 shares of the software maker’s stock after purchasing an additional 495 shares during the quarter. Global Retirement Partners LLC’s holdings in Qualys were worth $284,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in shares of Qualys by 1.6% in the third quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock worth $160,957,000 after acquiring an additional 20,038 shares during the last quarter. Boston Trust Walden Corp increased its holdings in shares of Qualys by 13.3% in the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock valued at $147,178,000 after purchasing an additional 123,530 shares in the last quarter. CDAM UK Ltd raised its position in Qualys by 8.3% in the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock worth $64,604,000 after purchasing an additional 38,509 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in Qualys by 8.3% during the 3rd quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock worth $48,043,000 after buying an additional 28,802 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Qualys by 1,386.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock valued at $49,876,000 after buying an additional 331,766 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Westpark Capital restated a “hold” rating on shares of Qualys in a research report on Wednesday, November 6th. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a report on Monday, February 10th. Wolfe Research raised shares of Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Royal Bank of Canada lowered their price target on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Finally, Jefferies Financial Group increased their price objective on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $146.57.

Insider Activity

In related news, insider Bruce K. Posey sold 525 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $139.48, for a total value of $73,227.00. Following the completion of the transaction, the insider now directly owns 65,373 shares of the company’s stock, valued at approximately $9,118,226.04. This represents a 0.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Joo Mi Kim sold 1,332 shares of Qualys stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $157.37, for a total value of $209,616.84. Following the completion of the sale, the chief financial officer now directly owns 113,652 shares in the company, valued at $17,885,415.24. This represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,813 shares of company stock worth $5,278,133 over the last quarter. 1.00% of the stock is currently owned by company insiders.

Qualys Trading Down 1.3 %

QLYS stock opened at $134.37 on Tuesday. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.31. The firm has a market cap of $4.92 billion, a PE ratio of 28.90 and a beta of 0.56. The business’s 50-day moving average price is $140.09 and its two-hundred day moving average price is $135.61.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. On average, analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.